Welcome to our dedicated page for Uniti Group news (Ticker: UNIT), a resource for investors and traders seeking the latest updates and insights on Uniti Group stock.
Uniti Group Inc. reports developments tied to its fiber communications business, including Kinetic residential broadband expansion, multi-gigabit internet services, whole-home Wi-Fi, internet security, voice offerings, and enterprise and wholesale connectivity. The company operates through brands that include Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions, serving consumers and businesses across U.S. markets.
Recurring Uniti news also covers broadband builds in state and local markets, service bundles such as Kinetic fiber internet with streaming television options, investor conference participation, operating and financial results, customer contract activity, and debt financing or refinancing actions affecting the company’s capital structure.
Uniti Group Inc. (Nasdaq: UNIT) has announced the addition of two new lit routes to its fiber network in 2023, specifically from Dallas to Atlanta and Atlanta to Ashburn, VA. These routes will feature 100G and 400G wavelength services, as well as multiple-terabit spectrum services. The new infrastructure enhances connectivity to key markets, including Little Rock, Memphis, Nashville, and Charlotte. The company's Private Wave Channel offering aims to provide flexible bandwidth solutions at competitive costs, expected to drive growth.
Uniti Group Inc. (Nasdaq: UNIT) will announce its third quarter 2022 financial results on November 3, 2022, before the market opens. A conference call to discuss the results is scheduled for the same day at 8:30 AM ET, which will be available via webcast on Uniti's Investor Relations site. As of June 30, 2022, Uniti has approximately 133,000 fiber route miles and 7.8 million fiber strand miles across the U.S., positioning itself as a significant player in mission-critical communications infrastructure.
Uniti Group Inc. (Nasdaq: UNIT) announced participation in the Deutsche Bank 30th Annual Leveraged Finance Conference on September 20, 2022. Senior Vice President and CFO Paul Bullington, along with Vice President of Finance and Investor Relations Bill DiTullio, will present at 11:20 AM MST / 2:20 PM EDT in Scottsdale, AZ. The event can be accessed via a live webcast on Uniti's website, with a replay available afterward. Uniti is a real estate investment trust focusing on critical communications infrastructure, owning approximately 133,000 fiber route miles as of June 30, 2022.
Uniti Group announced that Paul Bullington, Senior VP and CFO, along with Bill DiTullio, VP of Finance and Investor Relations, will present at the Bank of America Securities 2022 Media, Communications & Entertainment Conference. The event is scheduled for September 7, 2022, at 10:30 AM PT / 1:30 PM ET in Beverly Hills, CA. The presentation will be accessible via a live webcast on Uniti's website, which will also offer a replay for a limited time. Uniti, a real estate investment trust, specializes in critical communications infrastructure, owning approximately 133,000 fiber route miles across the U.S.
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Uniti Group reported strong Q2 2022 results with a net income of $53.8 million, marking an 8.3% increase year-over-year. Adjusted EBITDA rose by 5.3% to $227.2 million. The company announced an AFFO of $114.9 million, translating to $0.44 per diluted share, a 7.3% rise from the previous year. With over $7 billion in contracted revenue, Uniti aims for sustained growth despite economic challenges. The updated 2022 outlook forecasts revenues between $1,122 million and $1,140 million.
On July 29, 2022, Uniti Group declared a quarterly cash dividend of $0.15 per share, set for payment on September 23, 2022, to stockholders recorded by September 9, 2022. Uniti operates as a real estate investment trust focused on communications infrastructure, boasting approximately 129,000 fiber route miles and 7.7 million fiber strand miles across the U.S. The company's strategic investments in fiber and wireless solutions position it as a leader in the communications sector.
Uniti Group announced that its President and CEO, Kenny Gunderman, along with VP of Finance and Investor Relations, Bill DiTullio, will participate in the Cowen 8th Annual Communications Infrastructure Summit on August 9, 2022. The presentation is set for 4:55 PM MT / 6:55 PM ET in Boulder, CO. A live webcast of the event will be accessible on Uniti’s website, with a replay available for a limited time thereafter. Uniti, a real estate investment trust, specializes in acquiring and constructing vital communications infrastructure, boasting approximately 129,000 fiber route miles as of March 31, 2022.
Uniti Group Inc. (Nasdaq: UNIT) announced it will release its second quarter 2022 financial results on August 4, 2022, before the Nasdaq opens. A conference call discussing the earnings will follow at 8:30 AM Eastern Time, with a live webcast available on its Investor Relations website. Uniti, a real estate investment trust, specializes in communications infrastructure and currently owns 129,000 fiber route miles and 7.7 million fiber strand miles across the U.S.
Uniti Group Inc. (Nasdaq: UNIT) announced that its President of Wholesale & Strategic Accounts, Greg Ortyl, and Vice President of Finance and Investor Relations, Bill DiTullio, will participate in the Wells Fargo 2022 Streaming & Connectivity Day Conference. The event is set for 1:15 PM ET on June 14, 2022. Investors can access a live webcast on Uniti’s website, which will be available for replay afterward. As of March 31, 2022, Uniti operates approximately 129,000 fiber route miles and 7.7 million fiber strand miles across the U.S.